 | | | | U.S. stocks ended down slightly on Tuesday, with investors selling tech-related growth shares after U.S. Treasury yields hit a 14-month high. | | | | | | Wells Fargo & Co said on Tuesday it plans to start bringing workers back to its offices after Labor Day due to the increasing availability of vaccines. | | | | | | (Reuters) -An uncrewed SpaceX Starship prototype rocket failed to land safely on Tuesday after a test launch from Boca Chica, Texas, and engineers were investigating, SpaceX said. | | | | | | The dollar rose and a gauge of global equity markets slipped on Tuesday as rising U.S. Treasury yields dampened the appeal of big U.S. tech stocks and led investors on both sides of the Atlantic to shares that stand to benefit as economies re-open. | | | | | | (Reuters) -The National Labor Relations Board has begun reviewing ballots from Amazon.com Inc's workers in Alabama, who have voted on whether to form a union, with momentum for future labor organizing at America's second-largest private employer hanging in the balance. | | | | | | Lululemon Athletica Inc forecast first-quarter revenue above analysts' estimates on Tuesday, as it expects sustained demand for leggings and sports bras from consumers looking for comfortable home-exercise apparel. | | | | | | ZURICH/NEW YORK (Reuters) -Wall Street was counting the cost of the Archegos meltdown on Tuesday, with pressure piling up on Credit Suisse, while attention was turning to regulatory scrutiny that might result from banks unwinding the fund's positions. | | | | | | The battered shares of many of the companies linked with Archegos Capital's massive margin call bounced back on Tuesday, as investors bet the bulk of the selloff was done and took advantage of discounted prices. | | | | | | Volkswagen AG's U.S. unit will not change its name even after the German automaker issued a statement on Tuesday saying it would, three sources briefed on the matter said. | | | | | | NEW YORK (Reuters) -Oil prices slid on Tuesday as the Suez Canal reopened to traffic and the dollar rallied, while focus turned to an OPEC+ meeting this week, where analysts expect an extension to supply curbs to offset dim demand prospects. | | | | | |
